TOKYO, Apr 13 (Pulse News Wire) – QPS Holdings Inc. (464A.T) reported strong progress in its fiscal 2026 third quarter, driven by significant contract wins and diverse funding sources.
In February, the company secured a five-year contract worth ¥69.70 billion with Japan's Ministry of Defense for satellite constellation operations. Additionally, QPS signed contracts totaling three satellites in April, bringing its total launch opportunities to ten. The company also bolstered its financial position through various measures. In January, QPS concluded a syndicated loan agreement amounting to ¥6.200 billion.
Furthermore, a third-party allotment capital increase was completed in March, raising ¥15.20 billion from key investors such as Sky Perfect JSAT Corporation, Mitsui & Co., Ltd., and Sumitomo Marine & Fire Insurance Co., Ltd. Regarding performance, QPS revised its fiscal 2026 consolidated revenue forecast to 4,000 due to changes in development projects and reduced depreciation expenses. Operating profit improved to -2,200 compared to the previous estimate of -¥1.200 billion. Looking ahead, QPS plans to enhance production capacity and strengthen sales efforts domestically and internationally while focusing on government contracts.
The company expects continued growth from ongoing projects and increased efficiency in its satellite constellation operations.
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